Honda Cars will increase the prices of the Brio, Jazz and City in the range of 0.2% – 2.6% on their current price. The revised prices will be effective from October 1, 2012. Depending on the model the cars will be pricier by Rs. 5,000-20,000.
Honda’s main models the Brio and City sales could slightly get affected by the price increase. The prices have been revised due to the rising input costs, inflationary pressures and increase in freight as a result of the increase in diesel prices.
Honda India will launch the Brio Automatic next month followed by a CNG variant of the City sedan. Honda’s models are strongly associated with advanced design and technology, apart from its established qualities of durability, reliability and fuel-efficiency. But the rising fuel prices and the market favouring diesel fuel cars, a CNG variant could help the City more competitive compared to cars in the same segment which run diesel cars.
Click here to read more on the City CNG
The company has a strong sales and distribution network with 137 facilities in 85 cities spread across the country. Honda India is planning to invest about 3000 crores in the Indian market to boost operations and achieve a sizeable market share.